Latest Income Tax Slabs, Rates In Budget 2025: Union Finance Minister Nirmala Sitharaman announced massive income tax relaxations in the first full budget as expected by the people. The Central ...
The new tax regime offers five income tax slabs to taxpayers. The highest income tax rate of 30% is applicable if the net taxable income exceeds Rs 15 lakh. The new tax regime offers a tax rebate of ...
The new income tax regime provides for concessional tax rates and liberal slabs. However, no deductions are allowed in the new regime (other than those specified for, e.g., 80JJAA, 80M ...
Finance Minister Nirmala Sitharaman on Saturday introduced the revised tax slab in the new tax regime in Union Budget 2025. Revised income tax rates have been introduced under the new tax slab, and ...